See the full video at https://youtu.be/vnxWGryxvGI  In search of profit, insurers have decimated their professional indemnity staff. They fired experienced staff and replaced them with young, educated, unprepared people. A virtual clerk replaced the old professional claims manager.
Process and computers replaced practical human skill and judgment. Money was saved by paying lower wages. Within three months of the firing, the experienced claims increased the people's gross profit. The auditors were satisfied. The quarterly profit increased. None of the happy people were insurance staff.
Promises from an insurance are kept by the professional tortfeasor. Keeping a professional tort staff dedicated to high-quality claims settlement is cost-effective for long periods. A professional and experienced adjuster will save millions of insurers by resolving disputes, paying claims owed quickly and fairly, and thereby avoiding disputes. breach of contract and the damage of bad faith. Claims personnel resolve more claims for less money without any of the parties having to involve advisers. A happy tortfeasor who is happy with the outcome of his or her claim will never sue the insurer. Every study carried out on damages shows that damages with an insured or tortfeasor represented by a lawyer cost the insurer more than those where advisers are not involved. com and illumeo.com which consists of hours of lectures that can be listened to when the student is comfortable.
© 2020 – Barry Zalma
Barry Zalma, Esq., CFE, is now limiting his practice of serving as an insurance consultant specializing in insurance coverage, insurance claims handling, infidelity and insurance fraud almost equally for policyholders and policyholders. He also acts as an arbitrator or mediator for insurance-related disputes. He practiced law in California for more than 44 years as an insurance coverage and claims lawyer and more than 52 years in the insurance business. He is available at http://www.zalma.com and email@example.com.
Mr. Zalma is the first recipient of the first annual Claims Magazine / ACE Legend Award.
For the past 53 years, Barry Zalma has devoted his life to insurance, insurance claims and the need to defeat insurance fraud. He has created the following library of books and other materials to enable insurers and their claims staff to become professional in insurance claims.
https://zalma.com/zalmas-insurance-fraud-letter-2/ Last read two issues of ZIFL here.
Go to Barry Zalma videos on Rumble.com at https://rumble.com/c/c-262921  Read posts from Barry Zalma at https://parler.com/profile / Zalma / posts  Listen to Podcast: Zalma on Insurance https://anchor.fm/dashboard/episodes Zalma on Insurance
Go to Barry Zalma on YouTube – https://www.youtube.com/channel / UCysiZklEtxZsSF9DfC0Expg /
Go to insurance claims library -https: //zalma.com/blog/insurance-claims-library/
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